Pump.fun Debuts PumpSwap DEX with 0.25% Fee Structure and Zero SOL Migration Fee to Reclaim Solana’s Memecoin Market

PumpSwap is Pump.fun’s newly launched decentralized exchange (DEX) on Solana.

It eliminates the previous 6 SOL migration fee and allows tokens to migrate instantly after completing their bonding curve.

PumpSwap charges a 0.25% trading fee:

• 0.20% to liquidity providers

• 0.05% to the protocol

The launch positions Pump.fun in direct competition with Raydium amid declining memecoin trading volumes.

Pump.fun has officially launched PumpSwap, its proprietary decentralized exchange on Solana.

Previously, tokens graduating from Pump.fun were required to migrate to Raydium, incurring a 6 SOL migration fee. PumpSwap eliminates this cost and streamlines the process.

The move comes after a reported 60% monthly revenue decline and growing competition in the Solana memecoin sector.

Pump.fun has:

• Created over 8.7 million tokens

• Generated 3.2 million SOL in cumulative revenue

• Powered roughly 70% of Solana token launches

By launching its own DEX, Pump.fun:

• Captures liquidity internally

• Removes external dependency on Raydium

• Reduces user friction

• Expands revenue capture

This signals a strategic vertical integration shift.

1. Instant, Fee-Free Migration

Tokens migrate automatically after bonding curve completion without the previous 6 SOL charge.

2. Competitive Trading Fees

• 0.25% total trade fee

  • 0.20% → Liquidity providers

  • 0.05% → Protocol

This is comparable to Raydium’s fee model.

3. Free Liquidity Pool Creation

Users can:

• Create liquidity pools

• Provide liquidity

• Participate in AMM trading

All without upfront costs.

Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem

The launch marks a shift from collaboration to direct competition.

Market Context:

• Daily fee revenue fell from $4M to ~$1M

• Memecoin trading volumes declined

• Raydium hinted at launching its own memecoin launchpad

PumpSwap represents:

• Defense against declining fee revenue

• Attempt to regain ecosystem control

• Move to retain token lifecycle within Pump.fun

This could reshape liquidity flows across Solana DeFi.

Read more: How to Use the Raydium (RAY) Decentralized Exchange on Solana: A Beginner’s Guide

PumpSwap:

• Passed 9 independent audits

• Plans to open-source code

• Introducing creator revenue sharing

The revenue-sharing mechanism will allocate a portion of protocol fees to token creators, aligning incentives and potentially improving token quality.

1. What is PumpSwap?

PumpSwap is Pump.fun’s decentralized exchange (DEX) built on Solana for trading memecoins.

2. What happened to the 6 SOL migration fee?

PumpSwap eliminates the 6 SOL migration fee previously required when tokens moved to Raydium.

3. What are PumpSwap’s trading fees?

PumpSwap charges a 0.25% trading fee, with 0.20% going to liquidity providers and 0.05% to the protocol.

4. Is PumpSwap competing with Raydium?

Yes. PumpSwap directly rivals Raydium by internalizing token migration and liquidity.

5. Is PumpSwap secure?

The platform has reportedly passed nine independent security audits and plans to open-source its code.